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15 Days Price Change

Effwa Infra & Resear IPO

Closing In

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Profile
Issue Size --
Profile
Price Range 78  to  82 per share
Profile
Min Investment ₹82
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus --
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Effwa Infra & Research Limited, established in 2014, specializes in engineering, consulting, and project management services primarily focused on water pollution control. The company offers comprehensive solutions encompassing wastewater and industrial effluent treatment, solid waste management, aeration systems, and hazardous waste handling. Services extend from project conceptualization and design to procurement, construction, and integrated project management, ensuring environmentally sustainable practices. Effwa operates across multiple states in India and internationally, including collaborations with entities like Adani Ports in Special Economic Zones. As of March 2024, the company has completed over 45 water management projects for public and private sectors. With a team of 118 employees, including engineers specialized in various disciplines such as civil, mechanical, electrical engineering, and environmental sciences, Effwa emphasizes innovation and quality in delivering solutions for Effluent Treatment Plants (ETP), Sewage Treatment Plants (STP), Water Treatment Plants (WTP), and hazardous waste management systems. Read More

Basic Info

Face Value 10 per share

Price 78  to  82 per share

P/E (x) 9.4

Sales( Cr.) 185

PAT( Cr.) 20

EPS 8.7

Draft Prospectus --

Exchange NSE-SME

Promoter

Company Promoters

Dr. Varsha Subhash Kamal Mr. Subhash Ramavtar Kamal

Pre Issue Share Holding 66.24%

Post Issue Share Holding --%

Listing Details:

Listing Price: 155.8

Listing Gain: 47.37%

Current Price: 267.7

Gain On Issue: 267.7 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Jul 05, 2024
Closing Date Jul 09, 2024
Allotment Jul 10, 2024
Refund Jul 11, 2024
Delivery of Shares Jul 11, 2024
Listing Date Jul 12, 2024

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 1600 131,200
Retail (Max) 1 1600 131,200
S-HNI (Min) 2 3200 262,400
S-HNI (Max) 7 11200 918,400
B-HNI (Min) 8 12800 1,049,600

Objective of the Issue

1. Funding working capital requirements of the company 2. Funding of capital expenditure requirements of the company towards the purchase of new office Equipment 3. General corporate purposes.

Issue

Category Nos Bid Bid (x)
QIB 3126400 520733184 166.6x
NII 937920 447641078 477.3x
Retail 2188480 708651709 323.8x
EMP 0 0 0x
Total 6252800 1961190720 313.7x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Effwa Infra & Resear Profit & Loss

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 55 104 115 145 185
Other Income 0 0 0 0 2
Total Income 55 105 115 146 187
Total Expenditure 50 98 106 125 155
Operating Profit 4 7 9 21 31
Interest 1 1 2 2 4
Depreciation 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0
Profit Before Tax 3 6 7 19 27
Provision for Tax 1 1 2 5 7
Profit After Tax 2 5 5 14 20
Adjustments 0 0 0 0 0
Profit After Adjustments 2 5 5 14 20
Adjusted Earnings Per Share 1.3 2.6 2.9 7.8 8.7

Effwa Infra & Resear Balance Sheet

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 14 18 24 37 95
Minority's Interest 0 0 0 0 0
Borrowings 1 1 3 1 3
Other Non-Current Liabilities 0 0 0 -0 -0
Total Current Liabilities 18 27 38 41 52
Total Liabilities 33 46 65 80 150
Fixed Assets 0 0 0 1 1
Other Non-Current Assets 2 4 6 0 0
Total Current Assets 30 42 58 79 149
Total Assets 33 46 65 80 150

Effwa Infra & Resear Cash Flow

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 2 2 3 -1 -2
Cash Flow from Operating Activities 1 4 -5 4 -31
Cash Flow from Investing Activities -2 -4 -2 -0 -0
Cash Flow from Financing Activities -0 1 4 -4 39
Net Cash Inflow / Outflow -2 1 -3 -0 8
Closing Cash & Cash Equivalent 0 3 0 -2 6

Effwa Infra & Resear Ratios

# Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 1.25 2.58 2.88 7.8 8.69
CEPS(Rs) 1.35 2.64 2.94 7.9 8.79
DPS(Rs) 0 0 0 0 0
Book NAV/Share(Rs) 7.85 10.33 13.21 20.88 40.99
Core EBITDA Margin(%) 7.81 6.57 7.64 14.06 16.13
EBIT Margin(%) 7.72 6.69 7.81 14.17 16.82
Pre Tax Margin(%) 5.59 5.8 6.1 12.8 14.72
PAT Margin (%) 4.1 4.41 4.46 9.58 10.86
Cash Profit Margin (%) 4.41 4.52 4.56 9.71 10.99
ROA(%) 6.76 11.57 9.24 19.25 17.53
ROE(%) 15.97 28.36 24.44 45.74 30.45
ROCE(%) 18.5 27.15 26.25 45.17 35.41
Receivable days 185.57 103.1 131.43 149.1 181.91
Inventory Days 1 5.93 10.04 6.18 3.51
Payable days 62.55 48.38 70.11 75.3 55.39
PER(x) 0 0 0 0 19.14
Price/Book(x) 0 0 0 0 4.06
Dividend Yield(%) 0 0 0 0 0
EV/Net Sales(x) 0.2 0.09 0.16 0.18 2.1
EV/Core EBITDA(x) 2.51 1.33 2.03 1.28 12.39
Net Sales Growth(%) 0 91.24 10.28 26.12 27.53
EBIT Growth(%) 0 65.79 28.63 128.94 51.35
PAT Growth(%) 0 105.57 11.53 171.02 44.65
EPS Growth(%) 0 105.57 11.53 171.14 11.42
Debt/Equity(x) 0.63 0.56 0.69 0.38 0.31
Current Ratio(x) 1.72 1.59 1.52 1.91 2.88
Quick Ratio(x) 1.72 1.47 1.44 1.87 2.85
Interest Cover(x) 3.63 7.49 4.57 10.33 8.01
Total Debt/Mcap(x) 0 0 0 0 0.08

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 28% 21% 0% 0%
Operating Profit CAGR 48% 64% 0% 0%
PAT CAGR 43% 59% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 18% NA% NA% NA%
ROE Average 30% 34% 29% 29%
ROCE Average 35% 36% 30% 30%

Company Contact Information

Effwa Infra & Research Ltd.

G. No. 7, Vardhman Industrial Complex Lal Bahadur Shastri Marg, Gokul Nagar Thane (West)

IPO Lead Manager(s)

Effwa Infra & Research Ltd.

Shreni Shares Limited

Registrar Info

Effwa Infra & Research Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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